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Author Topic: Most crypto-currencies values went down in the last 4 days?  (Read 1851 times)
Raja_MBZ
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April 09, 2016, 06:38:32 PM
 #1

2018 EDIT: Man... those were the good old days. Can I get back in time once again? Hardly got any decision right in crypto in all these years. Roll Eyes



I just updated my stats after 4 days in my excel worksheet and was surprised by the loss which I have seen.

*Bitcoin value gone down from $422.36 to $419.19.
*Ethereum value gone down from $11.61 to $9.25.
*Monero value gone down from $1.56 to $1.29.
*Litecoin value gone down from $3.26 to $3.22.
*Dogecoin value gone down from $0.000232 to $0.000210.
*Peercoin value gone down from $0.45 to $0.42.

These are all the crypto-currencies (bitcoin and altcoins) which I hold... Roll Eyes In total, have lost almost $50 in last 4 days with these, mainly due to ether.

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April 09, 2016, 07:12:05 PM
 #2

It is any lost maybe next few days price will go up
Altcoins is crazy willd west world,but that few alt what will stay may pay well in long term


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April 09, 2016, 07:18:44 PM
 #3

Why are you blaming ethereum for your losses in the first place?
Sure it has tanked in the last couple of weeks but it is fair enough to blame an alternate on the recess of all the rest, especially bitcoin? It should stand on it's own if it is the top coin, wouldn't you think?

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Raja_MBZ
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April 09, 2016, 07:26:58 PM
 #4

Why are you blaming ethereum for your losses in the first place?
Sure it has tanked in the last couple of weeks but it is fair enough to blame an alternate on the recess of all the rest, especially bitcoin? It should stand on it's own if it is the top coin, wouldn't you think?

Blaming ethereum because that's the most of altcoin which I have. All others are in less quantity, but I kept ethers in most quantity, of about $200.

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April 09, 2016, 07:33:15 PM
 #5

Prices go all the time up and down so if I was you i didn't sell now. The next few days the price will probably going up again. Panic selling is not always the best option or the coin has to be dead.

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April 09, 2016, 07:35:20 PM
 #6

Prices go all the time up and down so if I was you i didn't sell now. The next few days the price will probably going up again. Panic selling is not always the best option or the coin has to be dead.

Where did I say that I am going to sell them? Of course I am going to keep them. I have seen much worse situations than the current one, and still kept the coins.

Anyways, let's hope that prices go up sooner.

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April 09, 2016, 07:43:47 PM
 #7

Well about the altcoins drop i believes its related to bitcoin halving,even when bitcoin is loosing power to keep going up slowly,i believe the moment of the pump at bitcoin hasnt yet ready to make it,soo wait we will hit 500 dollars soon,and sure the others altcoins will drop a bit more maybe.
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April 09, 2016, 07:49:50 PM
 #8

Check out the decline percentage of all the crypto-currencies here:

http://images.snoork.com/images/3605185961_Capture.PNG

 Roll Eyes

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April 10, 2016, 01:35:53 AM
 #9

I remember one week of the pumping happening at eth that almost all the market were green i went sleep ,whales left the eth pumped,and on the next 3 days the most traded coins at poloniex were red,loosing around 30% some of them and others no less then 10% meaning the whales went out,this prices reflects the main interest is around bitcoin ,soo altcoins should loose some value over the next days before the halving,soo may be a good time to get extra altcoins for a#promotion# good price.
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April 10, 2016, 01:40:45 AM
 #10

It is any lost maybe next few days price will go up
Altcoins is crazy willd west world,but that few alt what will stay may pay well in long term
You got that right and that's what makes it fun.  OP you're lucky that's all you lost, and be careful because eth may fall even further.

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April 10, 2016, 01:46:45 AM
 #11

Par for the course. I'm surprised ETH remained so steady after such a gargantuan pump. I hope you enjoyed some profit somewhere along the way.

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April 10, 2016, 06:10:25 AM
 #12

demand is lost, too much dilution on the market, this what happened when too many good speculative altcoin emerge, all will be less worth it concurrently

it has happened many time in the past, and with greater dump on all the altcoin, it was when btc dropped from its last ath
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April 10, 2016, 08:11:18 AM
 #13

Ether still going down... Reached $8.85. Sad Guys should I really sell me ethers now? They were worth $200 few days back but now they are of not even $150 value right now.

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April 10, 2016, 08:18:59 AM
 #14

that is how the crypto-currencies market work, someday everything is good an high and the next you see everything is falling down.
sometimes it is just because there is a new competitor in the market that the funds are being redirected to that. so the sells in each market will cause the decrease.

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April 10, 2016, 09:30:27 AM
 #15

that is how the crypto-currencies market work, someday everything is good an high and the next you see everything is falling down.
sometimes it is just because there is a new competitor in the market that the funds are being redirected to that. so the sells in each market will cause the decrease.

Most of them have been constantly going down the hill for the last almost 5-7 days.

Ethereum now further down $8.76.
Monero now further down to $1.05.

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April 10, 2016, 12:01:18 PM
 #16

4 days is very small period to predict changes, crypto-currencies markets moves up and down, as fiat currency do. Look some weeks ago, these coins were going up, its normal that traders sell and earn something.
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April 10, 2016, 12:14:47 PM
 #17

I just updated my stats after 4 days in my excel worksheet and was surprised by the loss which I have seen.

*Bitcoin value gone down from $422.36 to $419.19.
*Ethereum value gone down from $11.61 to $9.25.
*Monero value gone down from $1.56 to $1.29.
*Litecoin value gone down from $3.26 to $3.22.
*Dogecoin value gone down from $0.000232 to $0.000210.
*Peercoin value gone down from $0.45 to $0.42.

These are all the crypto-currencies (bitcoin and altcoins) which I hold... Roll Eyes In total, have lost almost $50 in last 4 days with these, mainly due to ether.

well the changes are not so drastic in some cases so they are not very important at all. and they don't necessarily have the same reason and/or connected to each other's changes.

for example changes in bitcoin price is because of the sudden rise and it came back to 419 and now it is back up to 420, that is the normal change in the price nothing to worry about.

the ethereum is obvious, there has been a dump going on but the dumpers are wise and are slowly unloading their bags. down to $8.38 as I write this.

monero, litecoin, doge and peer has changes so small that are not even visible Smiley

what I don't personally get is the ripple fall which is 4.6%

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April 10, 2016, 12:18:38 PM
 #18

Monero now down from $1.56 to $0.96... Shocked

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April 10, 2016, 12:49:04 PM
 #19

Bitcoin is pretty stable for many weeks now.
And the alts who started to get pumped with end of january and beginning of april are getting dumped now.
This is nothing special as we have seen this several times before.Typical pump and dump.
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April 10, 2016, 01:21:08 PM
 #20

the biggest one is the ethereum dump, it has gone down to $8 (0.019BTC) and the two other altcoins that i saw rising with ETH is also going down the maidsafe which is down 24% to $0.05 and the one is factom 21% down to $0.09
and they are all showing the end of the big 2016 hype that led to their increase in the first place.














 

 

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